Common use of Duties of the Transfer Agent Clause in Contracts

Duties of the Transfer Agent. Subject to the policies and direction of the Board of Trustees, the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereof. Services to be provided shall be in accordance with the Trust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of the Fund. The Transfer Agent further agrees that it: (a) Will conform to all applicable rules and regulations of the SEC and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that may now or in the future have jurisdiction over its activities, (b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing functions shown on Exhibit A hereof; and (c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder of the Funds), investment or reinvestment of the assets of the Funds or the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Trust's Board of Trustees, the Transfer Agent will provide day-to-day to day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofTrust's Funds. Services to be provided shall be in accordance with the Trust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of each Fund of the FundTrust. The Transfer Agent further agrees that it: (a) Will conform to with all applicable rules and regulations of the SEC Securities and Exchange Commission and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that which may now or in the future have jurisdiction over its activities,. (b) Will provide, at its expense, expense the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, employees and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or a Fund of the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code Code of ethics Ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder Shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or any Fund of the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject 2.01 The Transfer Agent agrees that its duties and obligations hereunder will be performed in a competent, efficient and ▇▇▇▇▇▇▇-like manner with due diligence in accordance with reasonable industry practice, and that the necessary facilities, equipment and personnel for such performance will be provided. 2.02 The Transfer Agent agrees that it will perform the following services (“Services”), subject to the policies supervision and direction control of the each Trust’s officers and Board of Trustees, and in compliance with the objectives, policies, and limitations set forth in each Trust’s registration statement, Declaration of Trust, By-laws, and any additional operating policies or procedures that each Trust communicates to the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agentin writing, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereof. Services to be provided shall be in accordance with the Trust's organizational any applicable laws and registration documents as listed in paragraph 2 hereof and with the Prospectus of the Fund. The Transfer Agent further agrees that itregulations: (a) Will conform to Process all applicable rules and regulations orders for the purchase, redemption, exchange or transfer of the SEC and will, in addition, conduct its activities under this Agreement each Portfolio’s registered shares in accordance with regulations of any other federal each Trust’s then current registration statement and state agency that may now or in the future have jurisdiction over its activities,compliance policies; (b) Will provideProvide on a regular basis and no less frequently than quarterly, at its expenseaccount statements to registered shareholders of each Portfolio, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing functions shown on Exhibit A hereof; andas well as confirmation statements in connection with purchase, redemption, exchange or transfer transactions, if required; (c) Will Acknowledge correspondence from registered shareholders, and provide all office space such other shareholder correspondence as necessary; (d) Assist with each Trust’s process for mailing proxy materials, shareholder reports and general office equipment necessary other materials to registered shareholders of each Portfolio; (e) Act as dividend disbursing agent for each Portfolio, and, as such, arrange for the appropriate crediting and handling of all dividend disbursing, transfer agent, and shareholder servicing activities except capital gains payments to registered shareholders; (f) Withhold from any dividends or distributions paid to registered shareholders of each Portfolio such amounts as may be provided required by third parties pursuant to separate agreements applicable tax laws, rules, or regulations; (g) Prepare and file with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statementsInternal Revenue Service, and other proxy soliciting materials; mail to registered shareholders of each Portfolio, such returns for reporting payments of dividends and distributions as may be required by applicable law; (iiih) Maintain records on behalf of each Portfolio’s registered shareholders and furnish to each Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications all information regarding such records as the Trust may from time to time identify as be required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent requested by each Trust’s officers; (including its directors, officers, employees, and agentsi) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisorsmay delegate certain responsibilities and recordkeeping services to an affiliate upon written notice to each Trust; provided, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto however, that the Transfer Agent shall not have control over or be as fully responsible to each Trust for the placement acts and omissions of any affiliate delegated responsibilities hereunder as it is for its own acts and omissions; and (except as specifically directed by a shareholder of the Funds), investment or reinvestment of the assets of the Funds or the Trust. The Transfer Agent may j) Pursuant to procedures established from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, time between each Trust and such parties may be affiliates of the Transfer Agent, the Transfer Agent may, as agent and acting on behalf of each Trust, enter into certain sub-transfer agency or service agreements, whereby an intermediary agrees to provide individual shareholder and/or recordkeeping services with respect to investments in each Portfolio that may otherwise be required to be provided by the Transfer Agent hereunder.

Duties of the Transfer Agent. Subject to the policies and direction of the Trust's board of trustees ("Board of Trustees"), the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofTrust's Funds. Services to be provided shall be in accordance with the Trust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of each Fund of the FundTrust. The Transfer Agent further agrees that it: (: a) Will conform to with all applicable rules and regulations of the SEC Securities and Exchange Commission and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that which may now or in the future have jurisdiction over its activities, (; b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (and c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, employees and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or a Fund of the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or any Fund of the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject 2.01 The Transfer Agent agrees that its duties and obligations hereunder will be performed in a competent, efficient and w▇▇▇▇▇▇-like manner with due diligence in accordance with reasonable industry practice, and that the necessary facilities, equipment and personnel for such performance will be provided. 2.02 The Transfer Agent agrees that it will perform the following services (“Services”), subject to the policies supervision and direction control of the Fund’s officers and Board of TrusteesDirectors, and in compliance with the objectives, policies, and limitations set forth in the Fund’s registration statement, Articles of Incorporation, By-laws, and any additional operating policies or procedures that the Fund communicates to the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agentin writing, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereof. Services to be provided shall be in accordance with the Trust's organizational any applicable laws and registration documents as listed in paragraph 2 hereof and with the Prospectus of the Fund. The Transfer Agent further agrees that itregulations: (a) Will conform to Process all applicable rules and regulations orders for the purchase, redemption, exchange or transfer of the SEC and will, in addition, conduct its activities under this Agreement Fund’s registered shares in accordance with regulations of any other federal the Fund’s then current registration statement and state agency that may now or in the future have jurisdiction over its activities,compliance policies; (b) Will provideIssue quarterly account statements to registered shareholders of the Fund, at its expenseas well as confirmation statements in connection with purchase, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing functions shown on Exhibit A hereof; andredemption, exchange or transfer transactions, if required; (c) Will Acknowledge correspondence from registered shareholders, and provide all office space such other shareholder correspondence as necessary; (d) Provide certain services unique to group plan accounts, including plan participant telephone services, recordkeeping services, and general office equipment necessary other services for ultimate shareholders of this type; (e) Assist with the Fund’s process for mailing proxy materials, shareholder reports and other materials to registered shareholders of the Fund; (f) Act as dividend disbursing agent for the Fund, and, as such, arrange for the appropriate crediting and handling of all dividend disbursing, transfer agent, and shareholder servicing activities except capital gains payments to registered shareholders; (g) Withhold from any dividends or distributions paid to registered shareholders of the Fund such amounts as may be provided required by third parties pursuant to separate agreements applicable tax laws, rules, or regulations; (h) Prepare and file with the Trust. In addition Internal Revenue Service, and mail to registered shareholders of the Services set forth on Exhibit AFund, the following shall such returns for reporting payments of dividends and distributions as may be delivered to DTC participants as identified required by DTC as the Shareholder for book-entry only securities: applicable law; (i) annual and semi-annual reports Maintain records on behalf of the Trust; (ii) Trust proxies, proxy statements, Fund’s registered shareholders and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications furnish to the Fund all information regarding such records as the Trust may from time to time identify as be required by law or as reasonably requested by the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, Fund’s officers, employees, and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder of the Funds), investment or reinvestment of the assets of the Funds or the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.;

Duties of the Transfer Agent. Subject to the policies and direction of the Trust's Board of Trustees, the Transfer Agent will provide day-to-day to day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofTrust's Funds. Services to be provided shall be in accordance with the Trust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of each Fund of the FundTrust. The Transfer Agent further agrees that it: (a) Will conform to with all applicable rules and regulations of the SEC Securities and Exchange Commission and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that which may now or in the future have jurisdiction over its activities,. (b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (and c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, employees and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or a Fund of the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code Code of ethics Ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder Shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or any Fund of the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject 2.01 The Transfer Agent agrees that its duties and obligations hereunder will be performed in a competent, efficient and ▇▇▇▇▇▇▇-like manner with due diligence in accordance with reasonable industry practice, and that the necessary facilities, equipment and personnel for such performance will be provided. 2.02 The Transfer Agent agrees that it will perform the following services (“Services”), subject to the policies supervision and direction control of the each Fund’s officers and Board of TrusteesDirectors or Board of Trustees and in compliance with the objectives, policies, and limitations set forth in each Fund’s registration statement, Articles of Incorporation or Declaration of Trust, By-laws, and any additional operating policies or procedures that the Fund communicates to the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agentin writing, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereof. Services to be provided shall be in accordance with the Trust's organizational any applicable laws and registration documents as listed in paragraph 2 hereof and with the Prospectus of the Fund. The Transfer Agent further agrees that itregulations: (a) Will conform to Process all applicable rules and regulations orders for the purchase, redemption, exchange or transfer of the SEC and will, in addition, conduct its activities under this Agreement each Fund’s registered shares in accordance with regulations of any other federal each Fund’s then current registration statement and state agency that may now or in the future have jurisdiction over its activities,compliance policies; (b) Will provideProvide on a regular basis and no less frequently than quarterly, at its expenseaccount statements to registered shareholders of each Portfolio, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing functions shown on Exhibit A hereof; andas well as confirmation statements in connection with purchase, redemption, exchange or transfer transactions, if required; (c) Will Acknowledge correspondence from registered shareholders, and provide all office space such other shareholder correspondence as necessary; (d) Provide certain services unique to group plan accounts, including plan participant telephone services, recordkeeping services, and general office equipment necessary other services for ultimate shareholders of this type; (e) Assist with each Fund’s process for mailing proxy materials, shareholder reports and other materials to registered shareholders of each Portfolio; (f) Act as dividend disbursing agent for each Portfolio, and, as such, arrange for the appropriate crediting and handling of all dividend disbursing, transfer agent, and shareholder servicing activities except capital gains payments to registered shareholders; (g) Withhold from any dividends or distributions paid to registered shareholders of each Portfolio such amounts as may be provided required by third parties pursuant to separate agreements applicable tax laws, rules, or regulations; (h) Prepare and file with the Trust. In addition Internal Revenue Service, and mail to the Services set forth on Exhibit Aregistered shareholders of each Portfolio, the following shall such returns for reporting payments of dividends and distributions as may be delivered to DTC participants as identified required by DTC as the Shareholder for book-entry only securities: applicable law; (i) annual Maintain records on behalf of each Portfolio’s registered shareholders and semi-annual reports of the Trust; (ii) Trust proxiesfurnish, proxy statementsto each, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications all information regarding such records as the Trust may from time to time identify as be required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent requested by each Fund’s officers; (including its directors, officers, employees, and agentsj) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisorsmay delegate certain responsibilities and recordkeeping services to an affiliate upon written notice to each Fund provided, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto however, that the Transfer Agent shall not have control over or be as fully responsible to each Fund for the placement acts and omissions of any affiliate delegated responsibilities hereunder as it is for its own acts and omissions; and (except as specifically directed by a shareholder of the Funds), investment or reinvestment of the assets of the Funds or the Trust. The Transfer Agent may k) Pursuant to procedures established from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, time between each Fund and such parties may be affiliates of the Transfer Agent, the Transfer Agent may, as agent and acting on behalf of each Fund, enter into certain sub-transfer agency or service agreements, whereby an intermediary agrees to provide individual shareholder and/or recordkeeping services with respect to investments in each Portfolio that may otherwise be required to be provided by the Transfer Agent hereunder.

Duties of the Transfer Agent. Subject to the policies and direction of the Board trust's board of Trusteestrustees, the Transfer Agent will provide day-to-day to day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereoftrust's funds. Services to be provided shall be in accordance with the Trusttrust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of each fund of the Fundtrust. The Transfer Agent further agrees that it: (a) Will will conform to with all applicable rules and regulations of the SEC Securities andExchange Commission and willthe National Association of Securities Dealers, in addition, and will conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that which may now or in the future have jurisdiction over its activities,. (b) Will will provide, at its expense, expense the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (and c) Will will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably requesttrust. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, employees and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of a fund of the Funds or the Trust trust or other third party subject to separate agreements with the Trusttrust. The Transfer Agent shall not be responsible hereunder for the administration of the code Code of ethics Ethics of the Trust (the "Code of Ethics") trust which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder of the Fundstrust), investment or reinvestment of the assets of any fund of the Funds or the Trusttrust. The Transfer Agent may from time to time, subject to the approval of the Board of Trusteestrustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Board of Trustees, the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofTrust’s Funds. Services to be provided shall be in accordance with the Trust's ’s organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of the FundTrust. The Transfer Agent further agrees that it: (a) Will conform to all applicable rules and regulations of the SEC and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that may now or in the future have jurisdiction over its activities,; (b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "“Code of Ethics"”) which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Board of Trustees, the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereof. Services to be provided shall be in accordance with the Trust's ’s organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of the each Fund. The Transfer Agent further agrees that it: (a) Will conform to all applicable rules and regulations of the SEC and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that may now or in the future have jurisdiction over its activities, (b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing functions shown on Exhibit A hereof; and (c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. The Trust acknowledges that it has had an opportunity to review, consider and comment upon the written procedures provided by Transfer Agent describing various tools used by Transfer Agent which are designed to promote the detection and reporting of potential money laundering activity and identity theft by monitoring certain aspects of shareholder activity as well as written procedures for verifying a customer’s identity (collectively, the “Procedures”). Based on this determination, the Trust hereby instructs and directs Transfer Agent to implement the Procedures on the Trust’s behalf, as such may be amended or revised from time to time. It is contemplated that these Procedures will be amended from time to time by the parties as additional regulations are adopted and/or regulatory guidance is provided relating to the Trust’s antimony laundering and identity theft responsibilities. Transfer Agent agrees to provide to the Trust: (d) Prompt written notification of any transaction or combination of transactions that Transfer Agent reasonably believes, based on the Procedures, evidence money laundering or identity theft activities in connection with the Trust or any Fund shareholder; (e) Prompt written notification of any customer(s) that Transfer Agent reasonably believes, based upon the Procedures, to be engaged in money laundering or identity theft activities, provided that the Trust agrees not to communicate this information to the customer; (f) Any reports received by Transfer Agent from any government agency or applicable industry self-regulatory organization pertaining to Transfer Agent’s Anti-Money Laundering Program on behalf of the Trust; (g) Prompt written notification of any action taken in response to antimony laundering violations or identity theft activity as described in (a), (b) or (c) immediately above; and (h) Certified annual and quarterly reports of its monitoring and customer identification activities pursuant to the Procedures on behalf of the Trust. The Trust hereby directs, and Transfer Agent acknowledges, that Transfer Agent shall (i) permit federal regulators access to such information and records maintained by Transfer Agent and relating to Transfer Agent’s implementation of the Procedures, on behalf of the Trust, as they may request, and (ii) permit such federal regulators to inspect Transfer Agent’s implementation of the Procedures on behalf of the Trust. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "“Code of Ethics"”) which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder Shareholder of the Funds), investment or reinvestment of the assets of the Funds or the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Trust's Board of Trustees, the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofTrust's Funds. Services to be provided shall be in accordance with the Trust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of each Fund of the FundTrust. The Transfer Agent further agrees that it: (a) Will conform to with all applicable rules and regulations of the SEC Securities and Exchange Commission and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that which may now or in the future have jurisdiction over its activities,. (b) Will provide, at its expense, expense the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (and c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, employees and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or a Fund of the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code Code of ethics Ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder Shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or any Fund of the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Trust's Board of Trustees, the Transfer Agent will provide day-to-day to day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofTrust's Funds. Services to be provided shall be in accordance with the Trust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of each Fund of the FundTrust. The Transfer Agent further agrees that it: (a) Will conform to with all applicable rules and regulations of the SEC Securities and Exchange Commission and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that which may now or in the future have jurisdiction over its activities,. (b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, employees and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or a Fund of the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code Code of ethics Ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder Shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or any Fund of the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Board of Trustees, the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofFunds. Services to be provided shall be in accordance with the Trust's ’s organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of each Fund of the FundTrust. The Transfer Agent further agrees that it: (a) Will conform to all applicable rules and regulations of the SEC and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that may now or in the future have jurisdiction over its activities,; (b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing functions shown on Exhibit A hereof; and (c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or a Fund of the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "“Code of Ethics"”) which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or any Fund of the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Board Sponsor and in accordance with the terms and conditions of Trusteesthis Agreement and the form of Authorized Participant Agreement, the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereof. Services to be provided shall be in accordance with the Trust's ’s organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of the each Fund. The Transfer Agent further agrees that it: (a) Will conform to all applicable rules and regulations of the SEC and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that may now or in the future have jurisdiction over its activities, (b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing functions shown on Exhibit A hereof; and (c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. The Transfer Agent shall provide additional services, if any, on behalf of the Trust, which may be agreed upon in writing between the Trust and Transfer Agent. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor commodity pool operator of the Funds or the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder Shareholder of the Funds), investment or reinvestment of the assets of the Funds or the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of TrusteesSponsor, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Trust's board of trustees ("Board of Trustees"), the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofTrust's Funds. Services to be provided shall be in accordance with the Trust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of each Fund of the FundTrust. The Transfer Agent further agrees that it: (a) Will conform to with all applicable rules and regulations of the SEC Securities and Exchange Commission and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that which may now or in the future have jurisdiction over its activities, (; b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (and c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, employees and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or a Fund of the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or any Fund of the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Board of Trustees, the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofTrust's Funds. Services to be provided shall be in accordance with the Trust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of the FundTrust. The Transfer Agent further agrees that it: (a) Will conform to all applicable rules and regulations of the SEC and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that may now or in the future have jurisdiction over its activities,; (b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Trust's Board of Trustees, the Transfer Agent will provide day-to-day to day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofTrust's Funds. Services to be provided shall be in accordance with the Trust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of each Fund of the FundTrust. The Transfer Agent further agrees that it: (: a) Will conform to with all applicable rules and regulations of the SEC Securities and Exchange Commission and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that which may now or in the future have jurisdiction over its activities,. (b) Will provide, at its expense, expense the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (and c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, employees and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or a Fund of the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code Code of ethics Ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder Shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or any Fund of the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject 2.01 The Transfer Agent agrees that its duties and obligations hereunder will be performed in a competent, efficient and ▇▇▇▇▇▇▇-like manner with due diligence in accordance with reasonable industry practice, and that the necessary facilities, equipment and personnel for such performance will be provided. 2.02 The Transfer Agent agrees that it will perform the following services (“Services”), subject to the policies supervision and direction control of the Fund’s officers and Board of TrusteesDirectors, and in compliance with the objectives, policies, and limitations set forth in the Fund’s registration statement, Articles of Incorporation, By-laws, and any additional operating policies or procedures that the Fund communicates to the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agentin writing, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereof. Services to be provided shall be in accordance with the Trust's organizational any applicable laws and registration documents as listed in paragraph 2 hereof and with the Prospectus of the Fund. The Transfer Agent further agrees that itregulations: (a) Will conform to Process all applicable rules and regulations orders for the purchase, redemption, exchange or transfer of the SEC and will, in addition, conduct its activities under this Agreement Fund’s registered shares in accordance with regulations of any other federal the Fund’s then current registration statement and state agency that may now or in the future have jurisdiction over its activities,compliance policies; (b) Will provideIssue quarterly account statements to registered shareholders of the Fund, at its expenseas well as confirmation statements in connection with purchase, redemption, exchange or transfer transactions, if required; (c) Acknowledge correspondence from registered shareholders, and provide such other shareholder correspondence as necessary; (d) Provide certain services unique to group plan accounts, including plan participant telephone services, recordkeeping services, and other services for ultimate shareholders of this type; (e) Assist with the Fund’s process for mailing proxy materials, shareholder reports and other materials to registered shareholders of the Fund; (f) Act as dividend disbursing agent for the Fund, and, as such, arrange for the appropriate crediting and handling of all dividend and capital gains payments to registered shareholders; (g) Withhold from any dividends or distributions paid to registered shareholders of the Fund such amounts as may be required by applicable tax laws, rules, or regulations; (h) Prepare and file with the Internal Revenue Service, and mail to registered shareholders of the Fund, such returns for reporting payments of dividends and distributions as may be required by applicable law; (i) Maintain records on behalf of the Fund’s registered shareholders and furnish to the Fund all information regarding such records as may be required by law or reasonably requested by the Fund’s officers; (j) The Transfer Agent may delegate certain responsibilities and recordkeeping services to an affiliate upon written notice to the Fund. AIG Retirement Services Company, a registered transfer agent and subsidiary of the Transfer Agent, may provide these services to the Fund for non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing functions shown on Exhibit A hereofannuity accounts; and (ck) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities except as may be provided by third parties pursuant Pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may procedures established from time to time identify as required by law or as between the Trust may reasonably request. Notwithstanding anything contained in this Agreement to Fund and the contraryTransfer Agent, the Transfer Agent (including its directorsmay, officersas agent and acting on behalf of the Fund, employeesenter into certain sub-transfer agency or service agreements, and agents) shall not whereby an intermediary agrees to provide individual shareholder and/or recordkeeping services with respect to investments in the Fund that may otherwise be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that provided by the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder of the Funds), investment or reinvestment of the assets of the Funds or the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Trust's board of trustees ("Board of Trustees"), the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofTrust's Funds. Services to be provided shall be in accordance with the Trust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of each Fund of the FundTrust. The Transfer Agent further agrees that it: (a) Will conform to with all applicable rules and regulations of the SEC Securities and Exchange Commission and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that which may now or in the future have jurisdiction over its activities,; (b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, employees and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or a Fund of the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or any Fund of the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.

Duties of the Transfer Agent. Subject to the policies and direction of the Board of Trustees, the Transfer Agent will provide day-to-day supervision for the dividend disbursing, transfer agent, and shareholder servicing operations of each of the Funds as set forth on Exhibit A hereofTrust's Funds. Services to be provided shall be in accordance with the Trust's organizational and registration documents as listed in paragraph 2 hereof and with the Prospectus of each Fund of the FundTrust. The Transfer Agent further agrees that it: (a) Will conform to all applicable rules and regulations of the SEC and will, in addition, conduct its activities under this Agreement in accordance with regulations of any other federal and state agency that may now or in the future have jurisdiction over its activities,; (b) Will provide, at its expense, the non-executive personnel and data processing equipment and software necessary to perform the shareholder servicing Shareholder Servicing functions shown on Exhibit A hereof; and (c) Will provide all office space and general office equipment necessary for the dividend disbursing, transfer agent, and shareholder servicing activities of the Trust except as may be provided by third parties pursuant to separate agreements with the Trust. In addition to the Services set forth on Exhibit A, the following shall be delivered to DTC participants as identified by DTC as the Shareholder for book-entry only securities: (i) annual and semi-annual reports of the Trust; (ii) Trust proxies, proxy statements, and other proxy soliciting materials; (iii) Trust prospectus and amendments and supplements thereto, including stickers; and (iv) other communications as the Trust may from time to time identify as required by law or as the Trust may reasonably request. Notwithstanding anything contained in this Agreement to the contrary, the Transfer Agent (including its directors, officers, employees, and agents) shall not be required to perform any of the duties of, assume any of the obligations or expenses of, or be liable for any of the acts or omissions of, any investment advisor of the Funds or the Trust or other third party subject to separate agreements with the Trust. The Transfer Agent shall not be responsible hereunder for the administration of the code of ethics of the Trust (the "Code of Ethics") which shall be under the responsibility of the investment advisors, except insofar as the Code of Ethics applies to the personnel of the Transfer Agent. It is the express intent of the parties hereto that the Transfer Agent shall not have control over or be responsible for the placement (except as specifically directed by a shareholder of the FundsTrust), investment or reinvestment of the assets of the Funds or any Fund of the Trust. The Transfer Agent may from time to time, subject to the approval of the Board of Trustees, obtain at its own expense the services of consultants or other third parties to perform part or all of its duties hereunder, and such parties may be affiliates of the Transfer Agent.